HackerNews is a little bit disappointed with WePay’s mere >$220 million acquisition. Better luck next time, founders
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to be fair, they raised $74M, depending on cap table and liq preferences the founders might not see much...
How much is much? Over a mil?
relative to $220M exit + 8 years of heroic work as a founder i think $1m is tiiiiiiiny
If exit = 220m then - say 1x lig pref of 75m that still leaves 145m. Say founders still hold 25% combined, leaves them w 36.2m = a lot
1x of 75 is very optimistic
Even 1.5x leaves plenty
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